Peet_Serfontein

EMI: stretching its legs?

Long
JSE:EMI   EMIRA PROPERTY FUND LTD
A price action above 990 supports a bullish trend direction.
Crossing below this level will negate the positive stance.
Further bullish trend support above 1020.
Crossing above m1050 might target 1120.
Crossing below 1010 will be the first sign of pending weakness.
Testing both its 200-day and week simple moving average.
Low volume turnover remains a concern.

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